The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the ...

After costly policy reversals by her boss and an unexpected shrinking of the economy, the last thing the Chancellor needed ...

WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.

In the UK, a sizable upward revision to May's payroll data, combined with hotter-than-expected inflation data, takes some of ...

The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected ...

Many analysts still expect two rate cuts between now and the end of 2025, one in August and one in November, to bring the base rate down to 3.75 per cent. Rob Clarry, investment strategist at Evelyn ...

Andrew Bailey has warned against “dangerous” US tariffs, urging governments around the world to address global trade ...

Major Wall Street brokerages have retracted forecasts for a September interest rate cut by the Bank of England as inflation ...

UK bonds risk being hit by a wave of forced selling by highly leveraged hedge funds, the Bank of England warned on Wednesday, ...

Bank of England Governor Andrew Bailey finds himself in a predicament: Wednesday’s CPI data for June at 3.6% showed inflation was much closer to the 4% at which he thinks consumers are sensitive to ...

The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the ...